china-hotel china-hotels
Home China Global
Info Center
Destinations Flight Comparison Community guangzhou-hotels
My Account
canton-fair-hotel
Guangdong's Exports Slump 24% as Global Recession Cuts Demand
Update: 2/19/2009 12:20:00 PM Source: Guangzhou Travel

Guangdong province, the biggest contributor to China¡¯s economy, said January exports fell 24 percent from a year earlier as the global recession reduced demand for Chinese shipments.

Exports fell to USD24.2 billion and imports slid 42 percent to USD12.4 billion, the provincial customs authority said in a statement yesterday. Exports to Hong Kong, the U.S. and the European Union fell 36 percent, 16 percent and 22 percent respectively, according to the statement.

Guangdong is facing the worst conditions in a decade, government officials said Jan. 8. Export growth in the province last year slowed to 5.6 percent, a quarter of the pace in 2007, Vice Governor Huang Longyun told reporters. Guangdong¡¯s exports in 2007 accounted for 30 percent of China¡¯s total.



Editor: canton fair


Canton Fair Hotel Special  Hong Kong Hotel Deals  Compare and Reserve International Flights

canton-fair-hotel

Related News

  • Nationwide alert on fake CNY notes
  • Taxi Strike in Foshan Goes On
  • Shanxi Hotel Fire Kills 8 and Injures 16
  • Taxis on Strike in eastern Guangdong
  • Export Growth Stalls In Pearl River Delta
  • Canton Fair Hotels | Canton Fair Hotel | Canton Fair Review | Canton Fair 2011 | 109th Canton Fair | China Hotels Review | Canton Fair
    Site Map | About Us | Terms and Conditions | Privacy | Communities | Contact Us | Links
    Foire de Canton Hôtels Chine | La Feria de CANTÓN Hoteles | Übersicht Kanton-Messe Hotels | Fiera di Canton Hotel Cina | Feira de Canton Hotéis
    Canton Fair 2011 | Shanghai Hotels | Guangzhou Hotels | Shenzhen Hotels | Dongguan Hotels | Beijing Hotels | China Hotels | China Accommodation
    Hangzhou Hotel | Shanghai Hotel | Guangzhou Hotel | Shenzhen Hotel | Dongguan Hotel | Beijing Hotel | Canton Fair | XiAn Hotel | Qingdao Hotel
    Hong Kong Hotels | Taipei Hotels | Tokyo Hotels | Los Angeles Hotels | Las Vegas Hotels | New York Hotels | HongKong Hotels | Frankfurt Hotels
    Copyright@2011, WenTrip.com. All Rights Reserved.